Here is a list as of 19-July-2025
MSTR Premium of Price/NAV is at 1.7 (aka mNAV)
This Premium has been going down for a few months already.
It will probably keep going down.
The trend of Crypto Treasury companies is ending, and the market will not give them any premium.
Update: As of 21-JAN-2026, the mNAV of MSTR is 1.07
Views: 29